The Fed Chair admits in his own words: high inflation is very harmful to economic prosperity.
So what?
Then he added one more line—there’s still work to do on inflation.
Put in plain language, it means: I know inflation is harming everyone, but I can’t fix it for now.
Isn’t that funny? The head of the world’s largest central bank stands at the podium telling everyone “inflation is bad,” but he doesn’t give a single clear answer on how to fix it or when it will be fixed.
What Wosch said today at the Fed’s annual conference in Kansas City is something the market is almost able to recite by heart. The question is—so what now?
If you just talk about it, will inflation just step down on its own?
What’s the reality? Two-year U.S. Treasury yields have already surged to 4.28%, showing the market doesn’t really believe you can quickly tame inflation. While you’re shouting “inflation is harmful,” money on the other side is already voting with its feet—flowing into higher interest rates, hard assets, and even Bitcoin.
The more you say inflation is harmful, the more you remind everyone: the fiat you hold is being diluted every day.
Then when you look back at Bitcoin—21 million coins, fixed and unchangeable, no one can print more—the fuel is already there for Bitcoin’s narrative.
When even the leaders of central banks keep emphasizing the inflation problem over and over, don’t you get it yet? $BTC
$ETH
The problem is right there, but it can’t be solved. The only thing you can solve is your own allocation.
So what?
Then he added one more line—there’s still work to do on inflation.
Put in plain language, it means: I know inflation is harming everyone, but I can’t fix it for now.
Isn’t that funny? The head of the world’s largest central bank stands at the podium telling everyone “inflation is bad,” but he doesn’t give a single clear answer on how to fix it or when it will be fixed.
What Wosch said today at the Fed’s annual conference in Kansas City is something the market is almost able to recite by heart. The question is—so what now?
If you just talk about it, will inflation just step down on its own?
What’s the reality? Two-year U.S. Treasury yields have already surged to 4.28%, showing the market doesn’t really believe you can quickly tame inflation. While you’re shouting “inflation is harmful,” money on the other side is already voting with its feet—flowing into higher interest rates, hard assets, and even Bitcoin.
The more you say inflation is harmful, the more you remind everyone: the fiat you hold is being diluted every day.
Then when you look back at Bitcoin—21 million coins, fixed and unchangeable, no one can print more—the fuel is already there for Bitcoin’s narrative.
When even the leaders of central banks keep emphasizing the inflation problem over and over, don’t you get it yet? $BTC
$ETH
The problem is right there, but it can’t be solved. The only thing you can solve is your own allocation.
